Common use of Income Tax Information Clause in Contracts

Income Tax Information. The Managing General Partner shall provide to each Partner information on the Partnership's taxable income or loss and each class of income, gain, loss, or deduction that is relevant to reporting Partnership income. The information shall also show each Partner's share of each class of income, gain, loss, or deduction. This information shall be furnished to the Partners as soon as possible after the close of the Partnership's taxable year, but in no event more than ninety (90) days after the close of such taxable year.

Appears in 3 contracts

Samples: Uscc Partnership Agreement (Oncure Technolgies Corp), Uscc Partnership Agreement (Fuery John J), Partnership Agreement (Oncure Technolgies Corp)

AutoNDA by SimpleDocs

Income Tax Information. The Managing General Partner shall provide to each Limited Partner information on the Partnership's ’s taxable income or loss and each class item of income, gain, loss, deduction or deduction credit that is relevant to reporting Partnership partnership income. The information shall also show each Partner's ’s distributive share of each class item of income, gain, loss, deduction or deductioncredit. This information shall be furnished to the Partners as soon as possible after each Limited Partner within ninety (90) days of the close of the Partnership's ’s taxable year, but in no event more than ninety (90) days after . The General Partner shall file or arrange for the close filing of such taxable yearall tax returns and reports required by applicable law or regulations to be filed by the Partnership.

Appears in 2 contracts

Samples: LifeCare Holdings, Inc., LifeCare Holdings, Inc.

AutoNDA by SimpleDocs

Income Tax Information. The Managing General Partner shall provide to each Limited Partner information on the Partnership's taxable income or loss and each class item of income, gain, loss, deduction or deduction credit that is relevant to reporting Partnership income. The information shall also show each Partner's distributive share of each class item of income, gain, loss, deduction or deductioncredit. This information shall be furnished to the Limited Partners as soon as possible after within 75 days of the close of the Partnership's taxable year, but in no event more than ninety (90) days after the close of such taxable year.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bishop Capital Corp), Partnership Agreement (Bishop Capital Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.